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March 27, 2012

The Stock Market Rally Is A Delusion Created By The Fed

The substance is inflation. It’s that the dollar we use to buy equities are losing value. This is not about the stock market going up. It isn’t going up. That’s a delusion created by the Fed. - in CNBC

Related, SPDR S&P 500 ETF (SPY), PowerShares QQQ Trust ETF (QQQ)

Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.
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